Boeing freezes hiring after strike spurs drastic measures to save cash By . Reuters. Published Sep. 16, 2024, 12:30 p.m. ET. Boeing said it is freezing hiring and weighing temporary furloughs in ...

Boeing is also planning to reduce spending with some of its 10,000 suppliers, West said in his memo. “[We] will stop issuing the majority of supplier purchase orders on the 737, 767 and 777 ...

Boeing is also planning to reduce spending with some of its 10,000 suppliers, West said in his memo. “[We] will stop issuing the majority of supplier purchase orders on the 737, 767 and 777 ...

33,000 Boeing workers striking for higher wages 02:08. Boeing is freezing hiring across the company, citing a strike launched on Friday by 33,000 machinists at the airplane manufacturer that it ...

Boeing said it is freezing hiring and weighing temporary furloughs in the coming weeks to manage costs as a strike by more than 30,000 Boeing workers who build planes in factories on the West ...

SEATTLE, Sept 16 (Reuters) - Boeing is freezing hiring and weighing temporary furloughs to cut costs as a strike by more than 30,000 workers entered its fourth day on Monday.

Boeing announced sweeping cost cuts Monday, including a hiring freeze, a pause on nonessential staff travel and a reduction on supplier spending to preserve cash as it deals with a strike by more ...

SEATTLE (Reuters) -Boeing is freezing hiring and weighing temporary furloughs to cut costs as a strike by more than 30,000 workers entered its fourth day on Monday.

Boeing Freezes Hiring, Considers Furloughs as Strike Continues The beleaguered plane maker is conserving cash and preparing to delay purchase orders as its 30,000 union workers remain on picket lines.

Boeing has lost more than $25 billion since the start of 2019, and burned through $4.3 billion in the second quarter of 2024 alone as it stood poised to post another money-losing year.

Boeing also said it will pause nonessential staff travel and reduce supplier spending as it deals with a strike by more than 30,000 factory workers. Skip to content. Main Navigation.